Poll: Few homeowners regret purchase
What type of mortgage do you have?
Americans are more knowledgeable about their home loans than they were even two or three years ago. And it appears that fixed-rate mortgages have become more popular.
It's safe to bet that people found out what type of mortgage they have when they started worrying about it.
"If they're planning to strategically default, they have to know," says Michael Moskowitz, president of Equity Now, a mortgage bank in New York City.
The 2010 poll was conducted by Princeton Survey Research Associates, in a survey of 1,001 randomly selected adults from June 24 to June 27.
The 2007 and 2008 polls were conducted by GfK Roper, in surveys of 1,004 randomly selected adults.